A firm has sales of $3,200, net income of $390, total assets of $4,500, and total equity of $2,750. Interest expense is $50. What is the common-size statement value of the interest expense?
举一反三
- The rate of return on total assets is calculated as ( ). A: (Sales profit + interest expense) ÷ total average assets B: (Net profit + interest expense) ÷ total average assets C: (operating profit + interest expense) ÷ total average assets D: (Total Profits + Interest Expense) ÷ Total Average Assets
- Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million If ECE reported $15 million in net income, then ECE's Return on Equity (ROE) is: A: 5.0% B: 7.5% C: 10.0% D: 15.0%
- Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million If ECE reported $15 millio A: 5.0% B: 7.5% C: 10.0% D: 15.0%
- Operating ROA is calculated<br/>as __________ while ROE is calculated as ____ A: EBIT/Total Assets; Net Profit/Total Assets B: Net Profit/Total Assets; EBIT/Total Assets C: EBIT/Total Assets; Net Profit/Equity D: Net Profit/EBIT; Sales/Total Assets
- Amortizing a bond discount: A: Allocates a portion of the total discount to interest expense each interest period. B: Increases the market value of the Bonds Payable. C: Decreases the Bonds Payable account. D: Decreases interest expense each period. E: Increases cash flows from the bond.